It was not clear what issues the prosecutors, with the U.S. attorney’s office in Manhattan, are looking into.
The start-up gained attention by purchasing a shuttered General Motors factory in Ohio in 2019. At the time, G.M. was under pressure from President Trump to find a buyer for the plant.
Lordstown said last week that it needed to raise more money and might not survive. Now, the company’s new executive chairwoman has said “It’s a new day at Lordstown Motors.”
The company’s top executive resigned after the struggling automaker released an investigation by its board.
Lordstown Motors, which bought a shuttered General Motors factory in Ohio, warned that it needs to raise more money and might not survive.